Modus Advisors LLC Acquires 3,464 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Modus Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 46.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,866 shares of the company’s stock after purchasing an additional 3,464 shares during the quarter. Modus Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $526,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 139.6% during the 1st quarter. LPL Financial LLC now owns 1,923,103 shares of the company’s stock valued at $86,713,000 after buying an additional 1,120,566 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 128.1% during the first quarter. Envestnet Asset Management Inc. now owns 1,001,059 shares of the company’s stock valued at $45,138,000 after purchasing an additional 562,262 shares in the last quarter. Lee Johnson Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $24,949,000. UBS Group AG raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 140.8% during the 1st quarter. UBS Group AG now owns 595,640 shares of the company’s stock valued at $26,857,000 after purchasing an additional 348,317 shares during the period. Finally, Advisor Group Holdings Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 108.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 587,383 shares of the company’s stock valued at $23,965,000 after purchasing an additional 305,177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.5 %

JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.22 during mid-day trading on Thursday, hitting $48.69. The stock had a trading volume of 529,027 shares, compared to its average volume of 1,438,699. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $39.61 and a one year high of $49.48. The firm has a market capitalization of $4.62 billion, a P/E ratio of 23.03 and a beta of -0.84. The firm’s 50 day moving average is $48.36 and its 200 day moving average is $46.50.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were given a dividend of $0.4506 per share. The ex-dividend date of this dividend was Friday, September 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.37.

JPMorgan Nasdaq Equity Premium Income ETF Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.